JLL Capital Markets closes $53 million sale of 274-unit mid-rise Vim + Vigor community in Brewery District of Milwaukee, WI

Amanda Friant

 

 CHICAGO, IL – JLL Capital Markets announced it has closed the $53 million sale of Vim + Vigor, a new, 274-unit, mid-rise multi-housing community in the Brewery District of Milwaukee, Wisconsin.

JLL marketed the property on behalf of the seller, Milhaus Development and The Davis Companies. Weidner Apartment Homes acquired the property.

 

Vim + Vigor was completed in 2019 and was over 90 percent leased at closing.

Wick Kirby

The property comprises two buildings with apartment studio, one-, two- and three-bedroom units ranging from 376 to 1,340 square feet, as well as 7,050 square feet of ground-floor retail, a 237-space parking garage with additional surface parking and an expansive building amenities package.

 

The apartments feature a range of floor plans, 9-to-100-foot ceiling heights, stylish kitchen designs with stainless steel appliances and quartz countertops, high-end bathroom finishes, wood- and concrete-style flooring, abundant in-unit storage spaces, patios and balconies and full-sized in-unit washers and dryers.

Jaime Fink

The community offers a courtyard with grills and fire pit, conference rooms, home brewing studio, and 24/7 fitness center with yoga and Pilates studio. The buildings are enhanced with key-fobbed access and new technology systems throughout.

 

Located at 1303 North 10^th St. and 926 West Juneau Ave., Vim + Vigor is in Milwaukee’s thriving Brewery District, the site of the former Pabst Brewing Company.

 

Situated between I-43 and Fiserv Forum and the Deer District, the now vibrant mixed-use neighborhood embraces a celebrated past, sustainability and modern urbanism to create an authentic live-work-play neighborhood radiating old world charm.

 

Residents enjoy a fully walkable neighborhood, with easy access to surrounding universities, sporting/concert venues, employers, major highways and some of the best local shopping, dining and entertainment in Milwaukee.

Vim + Vigor, a new, 274-unit, mid-rise
multi-housing community in the
Brewery District of Milwaukee, WI

  Everything in Milwaukee’s sought-after Whitestown neighborhood is within a 20-minute walk of the property.

 

The JLL Capital Markets investment sales advisory team that represented the seller was led by Senior Director Wick Kirby and Director Amanda Friant, along with Senior Managing Director Jaime Fink.

  

For more news, videos and research resources on JLL, please visit our newsroom.

 

CONTACT:

 Cierra Lacasse

JLL Associate

 Public Relations

Phone: +1 602 648 8701

Email:  Cierra.Lacasse@am.jll.com

 weidner.com or e-mail info@weidner.com.

milhaus.com.

jll.com

thedaviscompanies.com.